Welcome Login

For current information from GSA about COVID19 please click HERE

You are here

"The Future of New Business is Disrupting Old Business"

We want your feedback on an interesting Washington Post article about the future of new business: http://www.washingtonpost.com/business/get-there/uber-just-the-latest-tech-firm-to-disrupt-an-industry-with-forward-thinking/2015/01/29/db40e478-a811-11e4-a7c2-03d37af98440_story.html

"How is it that every time a consumer uses a credit card, the retailer pays a 3 percent (or more) transaction fee to credit-card companies? Most of the new transaction processors — whether it’s Apple Pay, Square or PayPal — still process the back end through the major credit-card firms."  

Are we overdue for a new competitor that will be cheaper and more convient?  Thoughts?  Ideas? 


Views: 1623

Significant evolution in the charge card and payments market has occurred since the beginning of the GSA SmartPay contracts.   GSA's Office of Charge... More

Subscribe here to stay informed on the group's latest updates.

  • acceptanceai's picture
  • Kellinmorris's picture
  • jtaylor's picture